Gull Harbor August 2018 Market Report

Gull Harbor August 2018 Market Report

There are currently no homes for sale in Gull Harbor in Palm City FL.

One home is under contract.  This home was listed for $425,000 or $231.48 per sq. ft. of living area.  It was on the market for 74 days prior to going under contract.

In the past 12 months, there has only been one sale in Gull Harbor.  This home sold for $575,000 which is $319.62 per sq. ft. of living area.  This sales price is 97% of the list price and this home went under contract one day after it was listed.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Martin County Single Family Homes 2018 2’nd Quarter Report

Martin County Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtor for the 2’nd Quarter 2018.

Martin County Single Family Homes 2018 2'nd Quarter Report

The Martin County single family home market showed weaker sales and prices when compared to the 2’nd quarter of last year.  Though it remains an active market.   Much of the reduced activity can be attributed to a decrease in inventory.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2018 2’nd Quarter Report

Four Winds on the River Condo August 2018 Market Report

Four Winds on the River Condo August 2018 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

For August of 2018 no condos are under contract and awaiting sale.

In the past 12 months, 3 condos have sold in Four Winds.  These condos sold for prices ranging from $232,000 up to $346,500.  This is an average sales price of $270,500 which works out to $178.66 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.

About Four Winds on the River in Stuart FL:

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in the recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

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Four Winds on the River Condo August 2018 Market Report

Florida Townhouses and Condos 2018 2’nd Quarter Report

Florida Townhouses and Condos 2018 2’nd Quarter Report

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 2’nd Quarter 2018.

Florida Townhouses and Condos 2018 2'nd Quarter Report

Sales and prices for the FloridaTownhouse and Condo real estate market were lower than this quarter last year.  Though, while slower, this is still a very active market.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2018 2’nd Quarter Report

Anglers Cove Condos August 2018 Market Report

Angler Cove Condos August 2018 Market Report

There are currently 4 Angler Cove condos available for sale.  List prices are from $255,000 up to $425,000 for an average list price of $320,475 which equals $237.91 per sq. ft. of living area.

There are no condos under contract at this time in Angler Cove.

In the past 12 months there have been 3 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $268,333 which works out to $246.18 per sq. ft. of living area.  The list to sales prices averaged at 96%.  These condos averaged 28 days on market before going under contract.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

About Angler Cove on Hutchinson Island in Stuart FL:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

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Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Angler Cove Condos August 2016 Market Update

Florida Single Family Homes 2018 2’nd Quarter Report

Florida Single Family Homes 2018 2’nd Quarter Report

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd Quarter 2018.

Florida Single Family Homes 2018 2'nd Quarter Report

The second quarter for 2018 showed continued strong activity when compared to last year for the Florida single family home market.  And, prices continue to rise at a pretty strong pace.

To view the full report click the image above or this link.

View the entire set of data at GabeSanders.com market data page.

Florida Single Family Homes 2018 2’nd Quarter Report

North River Shores August 2018 Market Report

North River Shores August 2018 Market Report

The North River Shores August 2018 Market Report for Stuart Florida:

There are currently 11 active listings in North River Shores.  List prices range from $239,000 up to $1,250,000.  The average list price is $648,382 which equals $250.22 per square foot of living area.

2 homes are under contract (pending sales). List prices were $339,000 and $362,500 for an average list price of $350,750 which equates to a $191.95 price per sq. ft. of living area.  These homes averaged 33 days on the market before going under contract.

In the past 12 months, 21 homes have sold in North River Shores at an average sales price of $511,983 or at $229.61 per square foot of living area. Sales prices ranged from a low of $180,000 up to $900,000 and sales averaged 94% of the list price.  These homes were on the market for an average of 108 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.
  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

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North River Shores August 2018 Market Report

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2018

For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.3 months for July as compared to 6 months in June).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 2018

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Hobe Sound FL 33455 Condo Market Report July 2018

Hunters Creek Palm City August 2018 Market Report

Hunters Creek Palm City August 2018 Market Report

Currently for August 2018, there is only one home on the market in Hunters Creek in Palm City, FL.  This home is listed for $370,000 which is also $157.78 per sq. ft. of living area.

There are two homes currently under contract (pending sale).  These homes were listed for $429,000 and $479,000.  This equals an average list priece of $454,000 or $190.81  per sq. ft. of living area.  These homes averaged 89 days on the market before going under contract.

There have been four homes sold in the past 12 months in Hunters Creek.  Sales prices were from $320,000 up to $460,000 for an average sales price of $385,000 which equals $172.03 per sq. ft. of living area.  These homes sold on average of 96% of the last listed price and were under contract on an average 110 days after being listed.

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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Hunters Creek Palm City August 2018 Market Report

Hobe Sound FL 33455 Residential Market Report July 2018

Hobe Sound FL 33455 Residential Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2018

  For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 192 active listings. (Unchanged from June)

Hobe Sound FL 33455 Residential Market Report July 2018

68 Residential sales are pending and awaiting close  (Down by 12 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2018

53 Homes Sold in July (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June).  Remaining in a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2017 were:  208 active listings, 82 pending sales, and 32 closed sales.  Considerably stronger closed sales this year along with weaker pending sales.

Hobe Sound FL 33455 Residential Market Report July 2018

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Hobe Sound FL 33455 Residential Market Report July 2018

Foxwood Stuart FL August 2018 Market Update

Foxwood Stuart FL August 2018 Market Update

As of August 2018, there were no homes on the market in the Foxwood equestrian community in Stuart, FL.

There is 1 home under contract at this time.  It was listed for $374,900 or $138.24 per sq. ft. of living area.  This home was on the market for 47 days before going under contract.

In the past 12 months, there were a total of 4 sales in this sought after Stuart community.  Sales prices ranged from $285,000 up to $600,000 for an average sales price of $453,250 which equals $190.40 per sq. ft. of living area.  These sales averaged a sales price of 97% of the last list price and took an average of 89 days on the market before going under contract.

About Foxwood in Stuart FL:

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Construction of homes in Foxwood began in 1978.  Four phase of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood Stuart FL August 2018 Market Update

Mariner Village August 2018 Real Estate Market Report

Mariner Village August 2018 Market Report

For August 2018, there are three homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $289,900 up to $359,900 for an average list price of $323,233 which equals $176.82 per sq. ft. of living area.

There are currently four homes with pending sales that have not closed to date.  These homes were listed for prices that ranged from $219,900 up to $329,000 for an average list price of $276,475 or $164.05 per sq. ft. of living area.  These homes averaged 64 days on market before going under contract.

In the past 12 months, eighteen homes have sold in Mariner Village.  Sales prices ranged from a low of $253,000 up to a high of $388,500 for an average sales price of $303,972 which works out to $159.86 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were active on the market for an average of 41 days prior to going under contract.

About Mariner Village:

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedrooms, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedrooms, 4 bathroom homes with just under 3,000 sq. ft. of living area.

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

The HOA fees include front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village August 2018 Real Estate Market Report

Inlet Village August 2018 Condo Real Estate Market Report

Inlet Village August 2018 Condo Real Estate Market Report

There are three condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for August 2018.  List prices range from $214,900 up to $275,000 for an average list price of $246,633 which is $237.38 per sq. ft. of living area.

There are 2 condos currently under contract.  These condos were listed for $222,000 and $225,000 for an average list price of $223,500 which is $215.11 per sq. ft. of living area.  These two condos averaged 31 days on the market prior to going under contract.

In the past 12 months, 11 condos have sold in Inlet Village.  Sales prices ranged from $181,500 up to $405,000 for an average sales price of $260,168 which equal $235.47 per sq. ft. of living area.  These condos sold for an average of 96% of list price and were on the market for an average of 91 days prior to going under contract.

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of August 2018) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

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Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

Inlet Village August 2018 Condo Real Estate Market Report

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2018

For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Decreased by 16 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

34 Condo sales are pending and awaiting settlement. (Down by 4 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

26 Condos Sold (Down by 5 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

 The Jensen Beach FL 34957 Condo Market Report for July continued to show strong sales activity.  Both pending and closed sales decreased slightly along with a little larger drop in the inventory of available condos for sale.

The one-month absorption rate for the July 2018, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.3 months (from 3.3 months in June), still a very strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The July 2017 numbers were: 93 active listings, 35 pending sales, and 32 condos closed.  Slightly stronger activity last year.

Jensen Beach FL 34957 Condo Market Report July 2018

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Jensen Beach FL 34957 Condo Market Report July 2018

Whispering Sound Palm City August 2018 Real Estate Market Report

Whispering Sound Palm City August 2018 Real Estate Market Report

 There no homes for sale in Whispering Sound in August 2018.

There are three homes currently under contract. The list prices ranged from $220,000 up to $235,000 which works out to an average list price of $227,833 or $136.03 per sq. ft. of living area.  These homes were on the market for an average of 16 days before going under contract.

In the past 12 months, 15 homes have sold in this Whispering Sound. Sales prices ranged from a low price of $183,900 up to a high of $240,000 for an average sales price of $223,493 which equals $140.41 per sq. ft. of living area.  These sales average 97% list to sales price ratio and went under contract in an average of 31 days.

About Whispering Sound in Palm City FL:

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

This active 55+ community boasts of an active clubhouse with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

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Whispering Sound Palm City August 2018 Real Estate Market Report

Jensen Beach FL 34957 Residential Market Report July 2018

Jensen Beach FL 34957 Residential Market Report July 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2018

 For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 168 active listings. (Down by 2 from last month)

Jensen Beach FL 34957 Residential Market Report July 2018

72 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2018

47 Homes Sold (Decreased by 12 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2018

The Jensen Beach FL 34957 Residential Market remains very active.  Unusually, the Jensen Beach single family real estate market has not suffered any large drop in inventory compared to last July.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months ( was 2.9 months in June).  Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2017 numbers were: 165 active listings, 79 pending sales, and 27 home sales closed.  Much stronger closed activity this year with similar inventory and pending numbers when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2018
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Jensen Beach FL 34957 Residential Market Report July 2018

Harbour Pointe Palm City August 2018 Real Estate Market Report

Harbour Pointe Palm City August 2018 Real Estate Market Report

For August 2018 there are 2 homes for sale in Harbour Pointe.  List prices are $385,000 and $420,000 for an average list price of $402,500 or $169.81 per square foot of living area.

There is one Harbour Pointe home currently under contract.  This home was listed for $510,000 which equals $160.38.  This home was on the market for 233 days prior to going under contract.

10 homes have sold in the past 12 months with sales prices from $375,000 up to  $430,000.  The average sales price was $393,500 which works out to $174.15 per square foot of living area.  These homes sold for an average of 97% list price and averaged 43 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Currently Available Homes and Town Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
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Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City August 2018 Real Estate Market Report

 

Palm City FL 34990 Condo Market Report July 2018

Palm City FL 34990 Condo Market Report July 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2018

For July 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 78 active condo listings. (Decreased by 8 condos from June)

   Palm City FL 34990 Condo Market Report July 2018

9 Condo sales are pending and awaiting close or lender approval. (Up by 1 condos from last month)

Palm City FL 34990 Condo Market Report July 2018

1 Condos Sold in July. (Down by 8 condos from June)

Palm City FL 34990 Condo Market Report July 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For July sales really tanked with only one closed sale.

The current absorption rate for condos in the 34990 zip code area exploded to 78 months (was 7.8 months in July).  Now in an extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2017 numbers were: 75 active listings, 9 pending sales, and 2 closed sales.  Even though the activity is very slow for Palm City Condos this month, it’s very similar to what happened last year.
Palm City FL 34990 Condo Market Report July 2018
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Palm City FL 34990 Condo Market Report July 2018

The Preserve of Hobe Sound August 2018 Real Estate Market Report

The Preserve of Hobe Sound August 2018 Real Estate Market Report

For August 2018, there is 1 home on the market in the Preserve of Hobe Sound.  This home is listed for $319,900 which is $158.60 per sq. ft. of living area.

There are two homes currently under contract.  These homes were listed for $325,000 and $335,000 for an average list price of $330,000 or $163.61 per sq. ft. of living area.  These homes averaged 32 days on the market before going under contract

In the past 12 months, 10 homes have sold in the Preserve.  Sales prices ranged from $270,000 up to $359,900 for an average sales price of $311,211 which works out to $154.29 per sq. ft. of living area.  These homes averaged 30 days on the market before going under contract and sold for 98% of list price.

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound Real Estate Market Report

The Preserve of Hobe Sound is a DiVosta built community which was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two car garage.  The garages come in both front and side entrance varieties.

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

The Preserve of Hobe Sound

This is a gated community with a very attractive waterfall lake entrance.  Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course.  All ages are welcome and up to two large pets are permitted.  The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse.  Low HOA fees of $184.00 a month (as of August 2018) cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

There are also excellent medical facilities close by as well as restaurants and shopping.  A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

Search here for any available Preserve Homes for Sale

The Preserve of Hobe Sound August 2018 Real Estate Market Report

Palm City FL 34990 Residential Market Report July 2018

Palm City FL 34990 Residential Market Report July 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2018

For July 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 335 active listings (Increased by 2 homes from June)

Palm City FL 34990 Residential Market Report July 2018

142 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from last month)

Palm City FL 34990 Residential Market Report July 2018

76 Homes Sold in June (Down by 35 homes from June)

Palm City FL 34990 Residential Market Report July 2018

The Palm City FL, zip code 34990 residential real estate market had a fairly slow month for July with a decrease in pending sales and a large drop in closed sales.  At least the inventory didn’t decline any further.
The monthly absorption rate rose to 4.4 months from 3.0 months in June.  Remaining in a seller’s market for the Palm City zip code 34990 area for residential sales.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2017 numbers were:  398 active listings, 165 pending sales, and 96 closed sales. Considerably weaker activity this year with a reduced inventory of available homes for sale.

Palm City FL 34990 Residential Market Report July 2018

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Palm City FL 34990 Residential Market Report July 2018